1. $BTC is declining, oscillating around the 94k position, with 93k and 92k below still needing to clear a large number of long positions. The two rebound points above are 96k and 98k.

Facing the weekend and year-end, with weaker liquidity, it is recommended to keep the contract long position liquidation line below 80k.

2. Last night, the time when $BTC began to decline coincided with the release of a certain piece of news.

The U.S. Treasury Department and the IRS jointly issued the latest broker explanation: the IRS will start taxing DeFi in 2027, and platforms are required to collect and report data starting in 2026.

$BTC has a demand to clear long contract positions downwards, possibly taking advantage of this information.

3. $SOL has basically reached a phase bottom at the 180k position.

Volatility Shares submitted a SOL futures ETF to the SEC.

Solana co-founder Stephen Akridge was sued by his ex-wife, accused of stealing SOL staking profits. #加密市场调整